Stormy Weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is

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Stormy Weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is 10%. Its expected earnings this year are $3 per share. Find the stock price, P/E ratio, and growth rate of dividends for plowback ratios of(Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round "Growth Rate of Dividends" to 1 decimal place.)

	Plowback Ratios	Stock Price	P/E Ratio	Growth Rate of Dividends
a.	zero	$		%
b.	0.60			%
c.	0.80			%

Posted Date: Jun 25, 2024 04:37 PM

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Stormy Weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is

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